No Matter Your Needs, There’s an Option for You

Whether you’ve found your dream vehicle or you’re still shopping, knowing your options for financing your next vehicle can put you on track to putting that perfect ride right in your driveway—and keeping more money in your pocket.

If you’re debating between leasing or buying, we’ve got you covered! The experts here at Rountree Moore Nissan in Lake City have put together this handy guide to help you choose the best option for your budget.

Pros and Cons of Leasing

From driving the newest models to experiencing fewer maintenance concerns, there are many reasons why a car lease might be a good choice for you—as long as you don’t mind mileage limits. Here are a few of the top pros and cons of leasing:

• Pros: You may have low or no down payment and lower monthly payments since you aren’t paying back principal. You’ll enjoy a brand-new vehicle with few maintenance concerns, and may have a warranty or maintenance plan included. And, after your lease, you’ll have no worry of needing to sell or trade it in.
• Cons: You won’t be able to customize much of your vehicle, and you’ll have penalties for excess mileage and excessive wear and tear. You may need to carry higher insurance on a leased vehicle, as well. If you need to end your lease early, you’ll have an early lease termination fee.

Pros and Cons of Buying

If you’re set on keeping your new vehicle for the long haul and want the benefit of owning it outright in the future, an auto loan might be the right option for you. Here are a few of the pros and cons of buying:

• Pros: Accessorize away! You’ll be able to customize and modify your vehicle, and you can drive it as far as you like with no mileage limits. You may have lower insurance costs, too, and you’ll eventually own it with no monthly payments.
• Cons: You may have a higher down payment and monthly payments, plus the cost of maintenance after the warranty or maintenance plan ends.

Still Deciding? Visit Our Finance Center

When you’re in the market for a quality new vehicle, you need a team that will walk you through all your options and works with you to get you into the right financing for your budget. Here at Rountree Moore Nissan, a part of Morgan Auto Group, we’re committed to making sure you take home a vehicle you love at a payment that fits your needs. Call or come by our Nissan finance center in Lake City today with any questions. We look forward to assisting you!